Company Law: Duties and Responsibilities of Directors under Corporation Act 2001
This assignment explores methods of raising capital without issuing a prospectus, procedures for returning surplus capital to shareholders, undertaking a statutory derivation action, and the impact of the high value of the Australian dollar on a holiday company's constitution.
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Added on 2023-06-13
About This Document
This article discusses the duties and responsibilities of directors under Corporation Act 2001. It explains the fiduciary duties of directors and their responsibilities towards the company. It also discusses the legal capacity of the company and the power of directors to make transactions. The article also covers the defenses available to directors in case of allegations of breach of duty of care.
Company Law: Duties and Responsibilities of Directors under Corporation Act 2001
This assignment explores methods of raising capital without issuing a prospectus, procedures for returning surplus capital to shareholders, undertaking a statutory derivation action, and the impact of the high value of the Australian dollar on a holiday company's constitution.
Added on 2023-06-13
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